September 10, 2012
New York Gov. Andrew Cuomo vetoed a bill (S.6285-A/A.9034B) on Aug. 17 that would have banned state agencies from disseminating ads to the public for products that relate to the subject matter of the agency — such as GEICO ads …
September 10, 2012
Denver, Colo.-based Van Gilder Insurance Corp. named Don Woods its new president. Woods is co-founder and CEO of Community Bankshares Inc. and its subsidiaries. Under Woods, Community Bankshares Inc. grew to over $2 billion in assets and had 42 branches …
September 10, 2012
A new Florida law seeks to reduce the regulatory burden on agents and adjusters by consolidating some licenses and revamping the education classes they must take. Among the changes: insurance adjusters and agents operating in Florida will no longer need …
September 10, 2012
No on Technology “While there are occasional discussions with certain insurers and vendors, the department has no imminent plans to initiate usage-based rating factors.” —Pat McConahay, a spokeswoman for the California Department of Insurance, which is opposed to expanding the …
September 10, 2012
Demotech’s review of second quarter 2012 data, as reported by insurers to the National Association of Insurance Commissioners, shows that industry workers’ compensation direct written premiums continued to grow. The question remains, however, whether those increases are enough to improve …
September 10, 2012
U.S. property/casualty insurers’ operating performance improved significantly in the first half of 2012, according to Fitch Ratings. The aggregate combined ratio of 47 publicly traded property/casualty (re)insurers improved to 96.2 percent through mid-year 2012 from 107.9 percent the prior year. …
September 10, 2012
Face Up “Dear Mayor, can we please get a leader that understands that a department sends officers (to) the funeral of an officer killed in the line of duty?” —Former Greenville, S.C. police Sgt. Susan Graziosi who is suing the …
September 10, 2012
With the last minute workers’ compensation reform bill for California racing to the end of legislative session then passing resoundingly, I felt it would be interesting to look back at what some people had to say in a poll on …
September 10, 2012
A Checklist for Students “While homeowners insurance coverage for some valuables does travel with the student, policies may limit coverage for a student’s off-premises belongings. It is important to learn your policy’s specific coverages.” —Pennsylvania Insurance Commissioner Michael Consedine on …
September 10, 2012
Florida Governor Rick Scott has reappointed seven judges on the state’s court that handles workers’ compensation claims. Judge W. James Condry II, 54, of Orlando, has been a judge of Compensation Claims for the Orlando region since 2001. Previously, he …